Detailed Single Year Tables

Description of Proposed Provision:
D2: The current spouse benefit is based on 50 percent of the PIA of the other spouse. Reduce this percent each year by 1 percentage point beginning with newly eligible spouses in 2018, until the percent reaches 33 in 2034.

Financial Estimates for the OASDI Trust Fund Program

Proposal

Change from Current Law

Expressed as a percentage of current-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofcurrent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2017

13.41

13.03

-0.38

298

0.00

0.00

0.00

2018

13.49

12.93

-0.56

287

-0.00

-0.00

0.00

2019

13.70

12.95

-0.75

273

-0.00

-0.00

0.00

2020

13.85

12.96

-0.89

259

-0.00

-0.00

0.00

2021

14.02

12.99

-1.02

245

-0.00

-0.00

0.00

2022

14.25

13.02

-1.23

230

-0.00

-0.00

0.00

2023

14.54

13.05

-1.49

215

-0.00

-0.00

0.00

2024

14.82

13.08

-1.74

199

-0.01

-0.00

0.01

2025

15.09

13.10

-1.99

183

-0.01

-0.00

0.01

2026

15.36

13.13

-2.22

166

-0.01

-0.00

0.01

2027

15.60

13.15

-2.45

148

-0.02

-0.00

0.02

2028

15.83

13.17

-2.66

131

-0.02

-0.00

0.02

2029

16.04

13.18

-2.86

113

-0.03

-0.00

0.03

2030

16.23

13.19

-3.03

95

-0.04

-0.00

0.04

2031

16.40

13.21

-3.20

76

-0.05

-0.00

0.04

2032

16.55

13.22

-3.34

58

-0.05

-0.00

0.05

2033

16.68

13.22

-3.45

38

-0.06

-0.00

0.06

2034

16.78

13.23

-3.55

18

-0.07

-0.00

0.07

2035

16.85

13.24

-3.61

----

-0.08

-0.00

0.08

2036

16.90

13.24

-3.66

----

-0.09

-0.00

0.09

2037

16.92

13.24

-3.68

----

-0.10

-0.01

0.09

2038

16.91

13.24

-3.67

----

-0.11

-0.01

0.10

2039

16.88

13.24

-3.64

----

-0.12

-0.01

0.11

2040

16.84

13.24

-3.60

----

-0.12

-0.01

0.12

2041

16.78

13.24

-3.55

----

-0.13

-0.01

0.12

2042

16.72

13.24

-3.49

----

-0.14

-0.01

0.13

2043

16.67

13.23

-3.43

----

-0.14

-0.01

0.13

2044

16.61

13.23

-3.38

----

-0.14

-0.01

0.14

2045

16.57

13.23

-3.34

----

-0.15

-0.01

0.14

2046

16.53

13.23

-3.30

----

-0.15

-0.01

0.14

2047

16.49

13.23

-3.27

----

-0.15

-0.01

0.14

2048

16.46

13.22

-3.24

----

-0.15

-0.01

0.14

2049

16.43

13.22

-3.21

----

-0.15

-0.01

0.15

2050

16.41

13.22

-3.19

----

-0.16

-0.01

0.15

2051

16.40

13.22

-3.18

----

-0.16

-0.01

0.15

2052

16.40

13.22

-3.18

----

-0.16

-0.01

0.15

2053

16.41

13.22

-3.19

----

-0.16

-0.01

0.15

2054

16.43

13.23

-3.20

----

-0.16

-0.01

0.15

2055

16.46

13.23

-3.23

----

-0.16

-0.01

0.15

2056

16.50

13.23

-3.27

----

-0.16

-0.01

0.15

2057

16.54

13.23

-3.30

----

-0.16

-0.01

0.15

2058

16.58

13.24

-3.34

----

-0.16

-0.01

0.15

2059

16.62

13.24

-3.38

----

-0.16

-0.01

0.15

2060

16.67

13.24

-3.42

----

-0.16

-0.01

0.15

2061

16.71

13.25

-3.47

----

-0.16

-0.01

0.15

2062

16.76

13.25

-3.51

----

-0.16

-0.01

0.15

2063

16.81

13.25

-3.55

----

-0.16

-0.01

0.15

2064

16.85

13.26

-3.60

----

-0.16

-0.01

0.15

2065

16.90

13.26

-3.64

----

-0.16

-0.01

0.15

2066

16.95

13.26

-3.69

----

-0.16

-0.01

0.15

2067

17.01

13.27

-3.74

----

-0.16

-0.01

0.15

2068

17.06

13.27

-3.79

----

-0.16

-0.01

0.15

2069

17.11

13.27

-3.84

----

-0.16

-0.01

0.15

2070

17.16

13.28

-3.89

----

-0.16

-0.01

0.16

2071

17.21

13.28

-3.93

----

-0.17

-0.01

0.16

2072

17.25

13.28

-3.97

----

-0.17

-0.01

0.16

2073

17.28

13.28

-4.00

----

-0.17

-0.01

0.16

2074

17.31

13.29

-4.03

----

-0.17

-0.01

0.16

2075

17.34

13.29

-4.05

----

-0.17

-0.01

0.16

2076

17.35

13.29

-4.06

----

-0.17

-0.01

0.16

2077

17.36

13.29

-4.07

----

-0.17

-0.01

0.16

2078

17.36

13.29

-4.07

----

-0.17

-0.01

0.16

2079

17.35

13.29

-4.06

----

-0.17

-0.01

0.16

2080

17.35

13.29

-4.06

----

-0.17

-0.01

0.16

2081

17.34

13.29

-4.05

----

-0.17

-0.01

0.16

2082

17.34

13.29

-4.05

----

-0.17

-0.01

0.16

2083

17.35

13.29

-4.06

----

-0.17

-0.01

0.16

2084

17.36

13.29

-4.07

----

-0.17

-0.01

0.16

2085

17.38

13.29

-4.10

----

-0.17

-0.01

0.16

2086

17.41

13.29

-4.12

----

-0.17

-0.01

0.16

2087

17.45

13.29

-4.16

----

-0.17

-0.01

0.16

2088

17.49

13.30

-4.19

----

-0.17

-0.01

0.16

2089

17.53

13.30

-4.23

----

-0.17

-0.01

0.16

2090

17.58

13.30

-4.28

----

-0.17

-0.01

0.16

2091

17.63

13.30

-4.32

----

-0.17

-0.01

0.16

2092

17.67

13.31

-4.37

----

-0.17

-0.01

0.16

Summarized Estimates

Proposal

Change from Current Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

2017-2091

16.55%

13.83%

-2.72%

2034

-0.11%

-0.01%

0.11%

1 Under current law, the year of Trust
Fund reserve depletion is 2034.